What happens if the business license is not cancelled

See below for the consequences

The revocation of the business license by the legal person will bring certain restrictions to the enterprise and its legal representative and the person directly responsible, and the investor shall be jointly and severally liable for the revocation of the business license of the investor or the shareholder of the enterprise if he does not perform the obligation of organizing liquidation in accordance with the law, and shall bear the joint and several liability of the enterprise's debts.

If the business license is not cancelled, it will enter the industrial and commercial blacklist. If the business license is not reviewed for one year, the industrial and commercial bureau will automatically revoke the license and make the legal person and shareholders an abnormal blacklist. It cannot be used as a corporate legal person for three years.

The revoked enterprise or individual operator will be blacklisted by the industrial and commercial bureau, may not be able to use his own name to register the company again for 3 years, and the personal credit record will be maintained for 7 years, and will be fined.

According to Article 18 of the Administrative Measures for the Registration of Names of Individually-Owned Industrial and Commercial Households, the application for the name of an individually-owned industrial and commercial household within the jurisdiction of the same registration authority shall not be approved for registration under any of the following circumstances: it shall be the same as the name of an enterprise whose business license has been revoked for less than 3 years or an individually-owned industrial and commercial household whose business license has been revoked for less than 1 year.

Article 7 of the Company Law states that a company established in accordance with the law shall be issued a business license by the company registration authority. The date of issuance of the company's business license is the date of incorporation of the company. The company's business license shall indicate the company's name, domicile, registered capital, business scope, name of legal representative, and other matters.

If there is a change in the items recorded in the company's business license, the company shall go through the change registration in accordance with the law, and the company registration authority shall renew the business license.

The possible consequences of not canceling the company's business license are: 1. The business license that is not cancelled may be revoked, the legal personality of the enterprise may be forcibly deprived, and its civil subject qualification will disappear, and it shall not continue to engage in market business activities, otherwise, it is an illegal act. 2. If the company's business license is not reviewed for one year, the industrial and commercial bureau will automatically revoke its business license and list the company's legal persons and shareholders on the blacklist of dishonesty.

It cannot be used as a corporate legal person for three years. The revoked enterprise or individual operator may not be able to use his or her own name to re-register the company within three years, and the bad personal credit record will be maintained for seven years, and may also face a fine; 3. After the company's legal person enters the integrity blacklist due to the non-cancellation of the business license, the legal person and shareholders will not be able to go abroad and take high-speed rail and airplanes; Legal persons and shareholders will not be able to apply for immigration; Shareholders will not be able to take out loans, etc.

1. The consequences of not canceling the individual business license: After one year, your business license will be revoked by the industrial and commercial department for failing to accept the annual inspection on time (according to the provisions of the "Interim Regulations on the Administration of Urban and Rural Individual Industrial and Commercial Households" and its "Implementation Rules"). According to the provisions of Article 18 of the Administrative Measures for the Registration of Names of Individual Industrial and Commercial Households:

Self-employed workers within the jurisdiction of the same registration authority.

1. If the business license is not reviewed for one year, the industrial and commercial bureau will automatically revoke the license, and the legal person and shareholders will be listed as abnormal blacklist. It cannot be used as a corporate legal person for three years.

If the company has the statutory circumstances that should be cancelled as stipulated in the Regulations of the People's Republic of China on the Administration of Company Registration, it must apply to the original company registration authority for cancellation of registration within 30 days from the date of the end of the company's liquidation.

Article 42 of the Regulations of the People's Republic of China on the Administration of Company Registration In any of the following circumstances, the liquidation group of the company shall apply to the original company registration authority for cancellation of registration within 30 days from the date of completion of the company's liquidation: The company was declared bankrupt in accordance with the law; (2) The expiration of the business period specified in the articles of association of the company or the occurrence of other reasons for dissolution as stipulated in the articles of association of the company, except for the existence of the company by amending the articles of association; (3) The resolution of the shareholders' meeting or the general meeting of shareholders to dissolve, or the resolution of the shareholders of a one-person limited liability company or the board of directors of a foreign-invested company to dissolve; (4) Where business licenses have been revoked, ordered to be closed, or revoked in accordance with law; (5) The people's court is to dissolve it in accordance with law; (6) Other circumstances of dissolution as provided for by laws and administrative regulations.

1.The legal representative and other information will be transmitted to the national industrial and commercial system of the black label enterprise database, to achieve nationwide supervision, and at the same time to include bad records in the national financial credit system;

2.Within 3 years of the revocation of the business license, the name of the enterprise cannot be used again;

3.The legal representative of Goldin whose business license has been revoked shall not apply for or serve as a senior manager of another enterprise (as a director, supervisor or senior manager of the company) for three years nationwide;

4.The legal representative of the revoked enterprise shall be entered into the blacklist of the industrial and commercial system for life, and shall not concurrently serve as the legal representative of other companies, and shall be included in the "blacklist" and cannot establish a new company;

5.Bad personal credit records are entered into the credit information system, and it is not conducive to immigrants who cannot take out a loan to buy a house! If you can't buy a ticket, you can't apply for a loan, and your bank personal credit history will remain bad for seven years!

6.Affect the creditworthiness of all shareholders of the company.

7.Severe financial penalties!

Administrative penalties: 1 Paragraph 1 of Article 211 of the Company Law stipulates that "if a company fails to commence business for more than six months without justifiable reasons after its establishment, or suspends business on its own for more than six consecutive months after commencement of business, its business license may be revoked by the company registration authority." ”

2 Article 68 of the Regulations of the People's Republic of China on the Administration of Company Registration provides that "if a company fails to commence business for more than 6 months without justifiable reasons after its establishment, or if it ceases business for more than 6 consecutive months after commencing business, its business license may be revoked by the company registration authority." ”

Cancellation of business license:

The consequences of not canceling an individual or a business license are as follows: if there are no debts, there will be no penalty, and if there is no cancellation, there will be taxes. 1. If the business license is not cancelled in time, the business license will be revoked.

2. If the business license is not reviewed for one year, the industrial and commercial bureau will automatically revoke the license, and the legal person and shareholders will be listed as an abnormal blacklist. It cannot be used as a corporate legal person for three years. 3. Investors are jointly and severally liable, and if the investor or shareholder of the enterprise whose business license has been revoked does not fulfill the obligation of organizing liquidation in accordance with the law, he must bear joint and several liability for the debts of the enterprise. "